Share your needs with us, get contacted by law firms.
Free. Takes 2 min.
Environmental, Social, and Governance (ESG) advisory and compliance is a rapidly evolving area of law in Colombia and especially relevant in Cali, a major commercial hub within the country. ESG refers to the standards and protocols organizations follow to operate in a socially responsible, environmentally sustainable, and ethically governed manner. In recent years, Colombian regulations and market expectations have shifted to place a greater emphasis on how companies address climate change, labor rights, anti-corruption, transparency, and diversity. Colombian companies, including those in Cali, are increasingly expected to comply with not only local environmental laws and corporate governance regulations but also to meet global ESG standards to attract investment and ensure sustainable growth.
Navigating ESG Advisory and Compliance can be complex. You may need a lawyer in situations such as:
A lawyer with experience in ESG Advisory and Compliance will help you understand your obligations, minimize risks, and develop tailored solutions for your business in Cali.
In Colombia, ESG requirements are shaped by various legal frameworks and enforcement bodies:
Cali-based companies must ensure that their operations, reporting, and internal controls reflect these local and national requirements, as well as any sector-specific rules that may apply.
It means developing policies and practices that address environmental, social, and governance issues, and ensuring your business follows Colombian laws, local regulations in Cali, and often international standards related to sustainable and responsible practices.
Certain aspects, like environmental protection and anti-corruption, are mandatory by law. Sustainability reporting is not yet mandatory for all companies, but requirements are increasing especially for publicly listed entities and those seeking international investment.
Law 99 of 1993 is the primary environmental law, enforced locally by CVC. It regulates environmental licenses, permits, and mandatory impact assessments for many business activities.
Employers must adhere to anti-discrimination laws, pay fair wages, ensure workplace safety, and respect union rights. Community engagement and respect for Indigenous or minority rights may also apply depending on your activities.
The CVC oversees environmental issues in Cali. The Ministry of Labor handles labor and social matters. The Office of the Superintendent of Companies monitors corporate governance and financial reporting.
Penalties vary from fines and business closure to criminal liability for severe violations, especially in environmental harm or corruption cases. Non-compliance may also harm your reputation and restrict access to funding.
Begin with a legal and operational assessment, then develop or update policies, train staff, implement internal controls, and, if needed, prepare periodic ESG or sustainability reports with the aid of a legal advisor.
Most foreign investors expect or require businesses to meet not only local legislation but also international ESG standards. High ESG performance can enhance investment opportunities.
A lawyer will assess your legal obligations, tailor ESG policies, support compliance audits, represent your interests with authorities, and help manage risks tied to environmental or social matters.
Yes. It enhances your reputation, builds trust with clients and investors, improves operational efficiency, and can create a competitive advantage in local and international markets.
If you need more information or guidance on ESG Advisory and Compliance in Cali, consider these resources and organizations:
If you believe ESG Advisory and Compliance applies to your situation in Cali, start by identifying the key ESG risks or opportunities in your business. Collect all relevant internal documentation, such as policies, permits, and previous compliance reports. Schedule a consultation with a qualified lawyer specializing in ESG matters in Cali. The lawyer can conduct a legal assessment, advise on compliance gaps, and help you develop practical solutions tailored to your sector and regulatory environment. Proactive steps today can protect your business from liability, enhance trust, and pave the way for sustainable growth in Colombia and beyond.
